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Snack Food Market Global Insights, New Trends, Industry Overview, Market Drivers, Growth Factors, Demand And Forecast To 2030
The Business Research Company offers "Snack Food Global Market Report 2021: COVID-19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The snack food market report describes and explains the global snack food market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The snack food market consists of sales of snack foods by entities (organizations, sole traders and partnerships) that produce snack foods. The companies in the snack food industry are primarily engaged in salting, roasting, drying, cooking or canning nuts; processing grains or seeds into snacks; manufacturing peanut butter; or manufacturing potato chips, corn chips, popped popcorn, hard pretzels, pork rinds and similar snacks. The companies package and distribute their products through various distribution channels to both individual customers and commercial establishments. The snack food market is segmented into potato chips; popcorn; processed snacks and other snack food.
The global snack food market is expected to grow from $213.63 billion in 2020 to $230.27 billion in 2021 at a compound annual growth rate (CAGR) of 7.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $307.75 billion in 2025 at a CAGR of 8%.
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Some of the major players of the snack food market are Calbee Inc., ConAgra Foods Inc., Ferrero S.P.A., General Mills Inc., Nestle.
The countries covered in the global snack food market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global snack food market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global snack food market is segmented -
1) By Type: Potato Chips, Popcorn, Processed Snacks
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others
3) By Type: Extruded Snacks, Non-extruded Snacks
4) By Flavour: Salty, Tangy, Spicy, Others
Read More On The Global Snack Food Market Report:
https://www.thebusinessresearchcompany.com/report/snack-food-global-market-report-2020-30-covid-19-impact-and-recovery
Few Points From Table Of Content
1.Executive Summary
2.Report Structure
3.Snack Food Market Characteristics
4.Snack Food Market Product Analysis
5.Snack Food Market Supply Chain
…
21.Key Mergers And Acquisitions In The Snack Food Market
22.Market Background: Other Foods Products Market
23.Recommendations
24.Appendix
25.Copyright And Disclaimer
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